by dellons | Jun 28, 2020 | Business News
Shares are likely to fall at the opening of the trading week on the Australian market after American investors remained concerned that the coronavirus is out of control in the US. The Australian SPI 200 futures contract was lower by 91.0 points, or 1.56 per cent, to...
by dellons | Jun 24, 2020 | Business News
Losses are likely early on the Australian share market after rising coronavirus cases in the US caused many traders there to sell stock. The Australian SPI 200 futures contract was down by 92.0 points, or 1.55 per cent, to 5,837.0 at 0700 AEST on Thursday. In the US,...
by dellons | Jun 11, 2020 | Business News
Copper and other metals fell overnight after a gloomy outlook for the US economy and fresh concerns over a second wave of COVID-19 infections cast doubt over demand. The US Federal Reserve signalled plans for years of exceptional support to help the world’s...
by dellons | Jun 10, 2020 | Business News
US consumer prices dropped in May for the third straight month as the coronavirus pandemic pushed the country’s economy into a recession. The Labor Department said on Wednesday that its consumer price index fell 0.1 per cent last month after tumbling 0.8 per...
by dellons | Jun 9, 2020 | Business News
Investors appear set for early losses on the share market after their US counterparts became cautious ahead of a Federal Reserve meeting. The local SPI 200 futures contract was down by 86 points, or 1.39 per cent, to 6,098.0 at 0705 AEST on Tuesday, indicating losses...